Don't you have any easy questions?
Hard to say what the mm's are doing, but if all of te mm's trading it do that, it probably isn't a minor pullback. Generally one looks to enter when the bid and ask are rising, or at least the bid is. To exit, if the floor starts to fall out but the ask stays, then the mm's are probably offloading their shares. If they start dropping substantially and sporadically, but maintaining the ask, then the mm's are picking up stops from below to accumulate before a rise. Most stops aren't set that close to the bid, though, and that usually is seen at regular numbers (that is, ones that people who bought the stock will set - 12, 12.25, 12.5, etc.) If they are going for eigths or 1/16 or 1/32 increments, then something else is usually happening.
lastshadow |
